Summary
Oil firm Shell revealed the extent of its declining reserves yesterday after replacing only 19pc of the oil that was pumped out of the ground in 2004.
Shell said its recoverable reserves stood at 11.9 billion barrels at the end of December, down from a restated figure of 12.95 billion barrels a year earlier.See the full content of this document
Extract
Shell Reveals Falling Supply
The figures were included in a filing with the US Securities and Exchan...
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